Investcorp, a global alternative investment firm, has acquired S&S Truck Parts (S&S), an independent distributor of private label and branded aftermarket truck parts.
Terms of the transaction have not been disclosed.
Founded in Chicago in 1952, S&S has a long history of providing high-quality, engineered aftermarket truck parts. Today, S&S serves over 1,600 customers including Original Equipment Manufacturers (OEMs), OE dealerships, independent warehouse distributors and service shops primarily across North America.
The partnership will focus on continuing S&S’s organic growth through new product introductions and geographic expansion across North America while seeking to complete strategic, add-on acquisitions. DJ Hoffman will retain a significant ownership stake in the business as part of the transaction.
